PH must improve healthcare clinical quality and delivery system

According to the most recent World Bank report, the Philippines has been among the dynamically emerging markets in the region with its sound economic fundamentals and highly skilled workforce. Growth in the Philippines is on average about 5% since 2002, significantly higher than the rate achieved in the previous two decades. The Gross Domestic Product (GDP) country remained steady at a 7.2% growth rate in 2013, even with all the calamities. The WB report says growth momentum of the Philippines was maintained at 6% in the first half of 2014, which is one of the fastest in East Asia, surpassed only by China (7.4%) and Malaysia (6.3%). Additionally, stable remittances have also provided a strong basis for currency stability and a healthy buildup of international reserves. The country currently enjoys a savings rate that exceeds investment, while its human resources continue to be in high demand around the world.

The percentage of the Philippines population is 34.53% for less than 15 year olds and 6. 21% for over 60 years old. Life expectancy at birth is 69 years for both sexes with males at 65 years and female at 72 years, according to World Health Organization. Economic growth here has created fiscal space for health; however significant additional financing is now available to support health reform and universal health coverage.